OECD REPORT
June 1st, 2002
BY KEITH NUTHALL
THE ORGANISATION for Economic Cooperation and Development (OECD) has unveiled a report illustrating that rich developed countries continue to subsidise their food producers, helping to lock developing country competitors out of their markets. Its paper Agricultural Policies in OECD Countries: Monitoring and Evaluation 2002 will state that last year, member countries' public aid to food producers accounted for 31 per cent of farm receipts. There was, however, a large range in subsidies, country by country, from one to 60 per cent.
THE ORGANISATION for Economic Cooperation and Development (OECD) has unveiled a report illustrating that rich developed countries continue to subsidise their food producers, helping to lock developing country competitors out of their markets. Its paper Agricultural Policies in OECD Countries: Monitoring and Evaluation 2002 will state that last year, member countries' public aid to food producers accounted for 31 per cent of farm receipts. There was, however, a large range in subsidies, country by country, from one to 60 per cent.
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